Could someone please elaborate with a detailed explanation on how this works:

"All balances from the original MemoryCoin as at block 8820 are transferred into the new blockchain at Block 1. MemoryCoin 2.0 has 10 million coins so there is a significant dilution. This dilution does not apply to MCF supporters. You can import your balance by using your old wallet with the new blockchain."

these kind of coins (like dtc) are made to make profit to owners and developers, who know how to write the miner, and they're only public that miner/pool after diff are on the moon

cannot say better, that's why i stoped with this money scheme! i mean coin pump! ops i just can't draw it better than you.

Exactly, time to start a good PR campaign against a coin like this Its nothing more then a modern version of https://en.wikipedia.org/wiki/Ponzi_schemeWho want's help me with writing a proper press releases sending out in the world against this scam coin?

already explained how it's mined, dev's release wallet but keep a miner under his pant's, like the Chinese did with YAC... soon or later we will see a minerd with different code to mine this coin. Tha's it! do you wanna us to draw it?